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There are three (3) types of textbook based homework items located at the end of each chapter. These include Discussion Questions (DQ), Exercises (E), and Problems (P). Some homework items have been custom created.

Complete the following homework scenario:

• Bob and Lisa are both married, working adults. They both plan for retirement and consider the $2,000 annual contribution a must.

  First, consider Lisa’s savings. She began working at age 20 and began making an annual contribution of $2,000 at the first of the year beginning with her first year. She makes 13 contributions. She worked until she was 32 and then left full time work to have children and be a stay at home mom. She left her IRA invested and plans to begin drawing from her IRA when she is 65.

  Bob started his IRA at age 32. The first 12 years of his working career, he used his discretionary income to buy a home, upgrade the family cars, take vacations, and pursue his golfing hobby. At age 32, he made his first $2,000 contribution to an IRA, and contributed $2,000 every year up until age 65, a total of 33 years / contributions. He plans to retire at age 65 and make withdrawals from his IRA.

  Both IRA accounts grow at a 7% annual rate. Do not consider any tax effect.

• Write a two to three (2-3) paragraph summary in which you:
  • Create a chart summarizing the details of the investment for both Bob and Lisa.
  • Explain the results in terms of time value of money.

Go to this site for ideas on ways to evaluate internet resources:

http://eduscapes.com/tap/topic32.htm

a. Identify your herb. Herb is GINKO

b. Discuss five recommended uses and five cautions for your selected herb.

2. Locate two internet sites with information on your selected herb. One site should contain reliable information and the second site should contain questionable information. Compare and contrast these two sites including the following information:

a. Purpose

b. Readability for intended audience

c. Credentials of the source

d. Accuracy (Is it fact or opinion?)

e. Date of issue or revision (Is it current?)

f. Bias of the organization or person posting the information.

g. Comparable information? (Do both sites reflect similar content?)

4. Paper will utilize Microsoft WORD format…

a. Be 3-4 pages (not including title and reference page). Do not include an abstract.

b. Utilize APA format including a reference page listing the internet sites in APA format

c. Have correct spelling and grammar

SOURCES WILL BE CHECKED. 

This is a written with an excel assignment.  Written must be in APA format

Current Asset Management and Financing”

1.       •Analyze the revenue cycle and receivables management to determine the greatest financial challenge facing small clinics and individual health care providers, as well as what steps could be taken to address that challenge.

2.       •Briefly describe a health care organization of your choice and the pros and cons of the alternatives available for short-term financing. Provide specific examples to support your rationale.

3.       •Research has shown that about 90% of the information contained in financial statements can be obtained using just 10 carefully selected ratios. Assume you are limited to a mere three ratios. Select a health care organization and discuss which three ratios you would select when conducting an analysis on that organization. Explain your rationale.

4.       •Assess the limitations of financial ratio and operating indicator analysis discussed in Chapter 17 to determine what other limitations the authors of the text may have overlooked and how they could be addressed.